Equinor SA (EQNR) is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake.

Operating primarily on the Norwegian Continental Shelf, the firm produced 2.0 million barrels of oil equivalent per day in 2022 (50% liquids) and ended the year with 5.2 billion barrels of proven reserves (49% liquids).

Operations also include offshore wind, solar, oil refineries and natural gas processing, marketing, and trading.

The company was formerly known as Statoil ASA and changed its name to Equinor ASA in May 2018.

Equinor ASA was incorporated in 1972 and is headquartered in Stavanger, Norway.

Three key data points gauge

Equinor ASA or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

EQNR Price

Over the past year, Equinor ASA share price fell about 11.6% from $35.81 to $31.64 as of Friday’s market close.

If EQNR trades in the range of $25.00 to $40.00 this next year, its recent $31.64 share price might rise to $37.00  by next year. Of course, Equinor’s price could drop about the same $5.36 estimated amount, or more.

My annual upside estimate of $5.36 however, about the same s the median of one year price targets from five analysts covering EQNR for brokers

EQNR Dividend

Equinor ASA has paid Quarterly dividends since June 7, 2002.  EQNR’s most recent Q dividend of $0.90 was paid November 28, 2023 to shareholders of record November 14th. The forward looking $3.60 annual dividend yields11.38% at Friday’s $31.64 share price.

EQNR Returns

To put it all together, add the estimated annual dividend of $3.60 to the price upside of $5.36 to find a $8.96 gross gain.

At Friday’s $31.64 share price, a little over $1000 would buy 32 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us  $0.31 per share.

Subtracting that likely $0.31brokerage cost from the $8.96 gross gain produces a net gain of $8.65 X32 shares = $276.80 for a 27.7% estimated net gain.

You might choose to pounce on Equinor ASA. It is a 52 year-old Norwegian, Oil and Gas and renewable energy outfit. Furthermore, the estimated $113.80 of dividend income from $1k invested is 3.6 times greater than EQNR’s $31.64 single share price.

The exact track of Equinor ASA ongoing future price and dividend is yet to be known.

Remember the true value of any stock is best realized through personal ownership of shares.

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